Public data, as of October 2026

Company profile

Sun Life Financial Inc.

SLFsunlife.comLatest disclosure 2024

Sun Life Financial Inc. reported about 16 million tCO₂e for 2024, and 99% of it sits in Scope 3, in the value chain beyond the company's own operations.

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SBTi status

No SBTi record is linked to this company yet.

Where insetting fits

Scope 3 is 99% of the footprint, the part of the value chain that supplier emissions reductions can reach.

Peer position

Scope 3 is 99% of the footprint, close to the peer median of 100%.

Voluntary retirements

No voluntary retirement names this company as beneficiary yet.

Emissions

How the reported footprint breaks down by scope and year.

tCO₂e, GHG Protocol scopes
Source: published disclosure, FY2024

Peer benchmark

How Sun Life Financial Inc. compares with its industry peers on Scope 3.

Peers: companies in the broad registry sector "Insurance". No SBTi industry is linked yet, so treat this as a rough comparison.

CompanyScope 3 share%

Sun Life Financial Inc.This company99%
Allianz SE100%

Company profile

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Related projects

None yet

Inset projects on Carbon3None yet

Reported emissions by year

Scope 1
Scope 2
Scope 3

FY2024

Scope 1, direct	45,601<1%
Scope 2, purchased energy	40,589<1%
Scope 3, value chain	15,945,49599%
Total	16,031,685

Years without a matched disclosure stay open until a published source is matched.

Source document: sunlife.com

Scope 3 by category, 2024

7 categories itemized

C3Fuel and Energy Related Activities18 kt<1%
C4Upstream Transportation and Distribution151 t<1%
C5Waste Generated in Operations9 kt<1%
C6Business Travel17 kt<1%
C7Employee Commuting12 kt<1%
C8Upstream Leased Assets21 kt<1%
C15InvestmentsLargest category15.9 Mt100%

Climate targets

What the SBTi listing says about the company's targets.

Status as published by the SBTi

No science-based target on record for this company

Carbon3 has not matched this company to an entry in the public SBTi target dataset. Companies that SBTi adds to its dataset appear here after the next daily update.

Voluntary retirements

Voluntary credits retired for this company on public registries.

Registry records naming the company as beneficiary

No voluntary credit retirements linked to this company

Carbon3 has not found a retirement in the public voluntary carbon market registry data it tracks that names this company as the beneficiary.

KBC Group NV

100%

AXA SA100%

UnitedHealth Group Incorporated98%

Vienna Insurance Group AG Wiener Versicherung Gruppe100%

The Cigna Group100%

Peer median: 100%Scope 3 boundaries differ between reports, so compare shares with care.

Scope 3 position

Near the peer median

The company's Scope 3 share is 99%, against a peer median of 100%.

Disclosure coverage

6 of 6 disclose

6 of 6 named peers report all three scopes, so their Scope 3 share can be compared.

Research summary

What the public record says about this company's decarbonization.

No report has been generated for this company yet

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Related projects

Decarbonization projects that name the company as a partner.

Emerging projects catalog, status as reported by each project

No projects linked to this company yet

Carbon3 has not yet found a public decarbonization project that names this company.

No inset projects are listed for this company yet.

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